Dallas, Texas prices: $3.58 in 1970 $28.40 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($3.58)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $24.82 difference in value).

Between 1970 and 2024: Dallas experienced an average inflation rate of 3.91% per year. This rate of change indicates significant inflation. In other words, $3.58 in Dallas in the year 1970 would cost $28.40 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.93% during this same period, inflation in Dallas was lower.

In the year 1970: Pricing changed by 6.22%, which is above the average yearly change in Dallas during the 1970-2024 time period. Compared to inflation for all items in 1970 (5.83%), inflation in Dallas was higher.

Price Inflation in Dallas-Fort Worth, Texas since 1963

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (16.95%), 1979 (12.42%), and 1981 (11.74%).

View price changes for other categories
Admission to sporting events · Educational books and supplies · Dallas-Fort Worth, Texas · Women's apparel · More

Buying power of $3.58 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $3.58 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$3.586.22%
1971$3.693.07%
1972$3.802.92%
1973$3.995.18%
1974$4.399.92%
1975$4.809.24%
1976$5.096.10%
1977$5.467.36%
1978$5.897.82%
1979$6.6212.42%
1980$7.7416.95%
1981$8.6511.74%
1982$9.186.04%
1983$9.513.66%
1984$9.964.70%
1985$10.333.75%
1986$10.511.75%
1987$10.782.49%
1988$11.092.91%
1989$11.422.99%
1990$11.944.52%
1991$12.494.68%
1992$12.802.42%
1993$13.122.50%
1994$13.492.83%
1995$13.842.61%
1996$14.222.74%
1997$14.471.78%
1998$14.681.42%
1999$15.092.82%
2000$15.734.20%
2001$16.283.53%
2002$16.501.36%
2003$16.852.11%
2004$17.071.33%
2005$17.633.23%
2006$18.183.12%
2007$18.451.50%
2008$19.294.58%
2009$19.17-0.66%
2010$19.280.59%
2011$19.863.03%
2012$20.282.10%
2013$20.651.81%
2014$20.891.19%
2015$20.79-0.50%
2016$21.081.40%
2017$21.622.55%
2018$22.252.94%
2019$22.722.10%
2020$22.860.62%
2021$24.015.03%
2022$26.138.83%
2023$27.515.27%
2024$28.403.26%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Dallas-Fort Worth, Texas:

Year19631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.987

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1970 * 1970 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 37.433 in the year 1970 and 296.987 in 2024:

296.987 / 37.433 * $3.58 = $28.40

Therefore, according to U.S. Bureau of Labor Statistics, $3.58 in 1970 has the same "purchasing power" as $28.40 in 2024 (in the CPI category of Dallas-Fort Worth, Texas).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Dallas-Fort Worth, Texas in 1963. In addition to Dallas, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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